Bell Closes on Two Apartment Properties Valued at More Than $26 Million

GREENSBORO, N.C.- Steven D. Bell & Company recently purchased apartment communities in Arkansas and North Carolina, including The Beckanna, a landmark property high rise near Crabtree Valley Mall in Raleigh. The Beckanna was acquired for $16.4 million from Beckanna LLC, which recently completed an extensive renovation of the 254-unit complex. Beckanna was built in 1963…

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Bell Sells Two Apartment Communities for More Than $51 Million

GREENSBORO, N.C.- Steven D. Bell & Company recently completed the sale of two apartment properties located in Chapel Hill and Metro Atlanta for a combined price of approximately $51 million. Notting Hill in Chapel Hill was sold to Crow Holdings for approximately $25.3 million. The 200-unit apartment community was constructed in a joint venture with…

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Bell Invests $31M in Georgia Retail Centers

Steven D. Bell & Company has purchased three retail properties in Georgia in deals totaling $31 million. The properties include: Crossroads Pointe in metro Atlanta, a 30,600-square-foot center anchored by a grocery building that is currently leased by Kroger but not occupied; the 38,171-square-foot Berwick Marketplace in Savannah; and, the 96,141-square-foot Rivoli Crossing in Macon,…

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Bell Ranks 38th in Apartment Managers in U.S.

GREENSBORO, N.C.- Steven D. Bell & Company surged onto the National Multi Housing Council's (NMHC) Top 50 Apartment Managers list for 2007 behind the company's dramatic increase in unit acquisitions during 2006. Bell, a diversified real estate investment and management company headquartered here, was listed as managing 29,754 apartment units at year's end, an increase…

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Bell Company Has Another Record Year in 2006

Steven D. Bell & Company completed 43 major real estate transactions in 2006 worth more than $864 million, surpassing the company's prior annual transaction record in 2005 by around $292 million. The $864 million total includes 31 properties that were purchased for approximately $671 million, and 12 properties that were sold for approximately $194 million.…

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